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1-bed · 641 sqftMazaya 03, Liwan · 2nd floor · completed 2014

203, Mazaya 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 3 August 2021
Last soldAED 450K4 May 2009
Current rentAED 30K /yr3 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Mazaya 03

What is 203 worth today?

Last sold for AED 450,239 in 2009

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3 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 46 per sqft
3 Aug 2020RentedRenewal
AED 33,000/yr12 months · AED 51 per sqft
3 Aug 2019RentedRenewal
AED 36,000/yr12 months · AED 56 per sqft
3 Aug 2018RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
25 Jul 2017RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
4 May 2009Sold by developerOff-plan
AED 450,239AED 702 per sqft

Source: Dubai Land Department. Updated 3 August 2021.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
2nd of 14
Parking
G-135
Developer
Al Mazaya Real Estate
Completed
2014
Service charge
AED 4,700 /yr
Last sold
AED 450K · May 2009
Building
Mazaya 03

About 203, Mazaya 03

203 is a one-bedroom apartment of 641 sqft on the 2nd floor of Mazaya 03, a 14-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 4 May 2009 for AED 450,239, or AED 702 per sqft, in line with the AED 698 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 3 August 2021, is AED 30,000 a year: a gross yield of 6.7% on the 2009 price, before the service charge of about AED 4,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Mazaya 03
300K400K500K2009201420192024Typical sale price by year: 2009 AED 461,258; 2013 AED 491,929; 2014 AED 457,725; 2015 AED 321,081; 2016 AED 450,000; 2017 AED 475,000; 2018 AED 400,000; 2019 AED 375,000; 2021 AED 310,000; 2025 AED 378,327; 2026 AED 450,000Sold by developer, May 2009: AED 450,239 (AED 702 per sqft)

203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in Mazaya 03
40K20152017201920212023Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 47,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 25,000; 2022 AED 25,650New contract, July 2017: AED 45,000 a yearNew contract, August 2018: AED 40,000 a yearRenewal, August 2019: AED 36,000 a yearRenewal, August 2020: AED 33,000 a yearRenewal, August 2021: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mazaya 03, and where 203 sits

All 147 1-beds →

203 last sold in May 2009 at AED 702 per sqft, in line with what one-beds in Mazaya 03 were fetching at the time (AED 698). Over the last 12 months one-beds sold for AED 380,000 to 520,000, around AED 624 per sqft, and rent for AED 40,000 to 50,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2026515,000
30 Apr 2026410,270
4 Apr 2026400,000
31 Jan 2026450,000
7 1-bed sales in the last 12 months

Mazaya 03

Building

219 apartments, studios to 3-bed over 14 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 11 sold in the last 12 months.

Typical price per sqft
AED 571
Typical sale
AED 515K
Typical rent
AED 50K /yr
Typical yield
7.1%
Mazaya 03, Liwan: prices, sales and rents →

Other units on the 2nd floor

All 219 units in Mazaya 03
Value
2021-bedAED 405K · Jul 2016
2041-bedAED 220K · Nov 2015
2052-bedAED 810K · May 2009
2062-bedAED 828K · May 2009
2071-bedAED 336K · Jul 2015
2081-bedAED 499K · Nov 2025
2091-bedAED 612K · May 2009
1–7 of 17

203, Mazaya 03 in numbers

  • Sold once: by Al Mazaya Real Estate on 4 May 2009 for AED 450,239, or AED 702 per sqft.
  • Rented since July 2017 on 5 Ejari contracts, from AED 45,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 6.7%, before a service charge of about AED 4,700 a year (AED 7.37 per sqft).
  • One-beds in Mazaya 03 sold for AED 380,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.

Source: Dubai Land Department. Updated 3 August 2021.

Questions about 203, Mazaya 03

What did unit 203 last sell for?

AED 450,239 on 4 May 2009, sold by the developer: AED 702 per sqft for 641 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 30,000 a year on the contract renewed on 3 August 2021. The previous contract, from August 2020, was AED 33,000; the unit has been rented since July 2017.

How big is unit 203?

641 sqft (59.6 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2014.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 03 sold for AED 380,000 to 520,000 in the last 12 months, around AED 624 per sqft.

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Mortgage on 203, Mazaya 03

Starts from the last sale price (AED 450K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 450,239
Deposit, UAE resident (20%)
AED 90,048
Deposit, non-resident (40%)
AED 180,096
Monthly over 25 years at 3.7%
AED 1,842

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →